Corporate Social Responsibility

DeGem Berhad and its subsidiary companies (“the Group”) remains committed to ensuring that in the course of maximising value for its investors, its social responsibilities are not neglected.

Welfare of Employees

The Group recognises that its employees form the foundation of its continuing success. As such, the Group continues to groom its employees towards realising their fullest potential. In addition, the Group recognises the need for a balanced lifestyle in their employees to achieve better productivity. As such, several sports tournaments were organised as a way of encouraging employees to embrace a healthier lifestyle and to foster better rapport amongst co-workers.

Protection of Environment

As a responsible manufacturer, the Group ensures that the processes in its factories do not leave an adverse impact in the environment they operate. Wastes from the factories are treated properly prior to release. Where that is not possible, procedures to ensure safe disposal of the waste are in place.

The Group also ensures that a safe and healthy environment is in place for the wellbeing of its employees, customers, visitors and the general public at its premises.

Contributions to Community

The Group has continued to assist the needy and underprivileged community through cash contributions and sponsorships during the year. This year the Group was also privileged to partner with charitable organisations in fund raising efforts through its retail activities.

In addition, as part of its efforts to educate those interested in the Group’s industry, the Group continues to provide sponsorship and training to students of certain colleges that introduced industry-related courses.

Responsibility to Marketplace

DeGem Berhad continues its efforts to ensure that high standards of social responsibility are upheld in its relationship with its stakeholders. The Group requires assurances from their suppliers of diamonds that their sources are certified under the Kimberley Process Certification Scheme (“KPCS”). KPCS is a process introduced by United Nations General Assembly Resolution 55/56 to prevent diamond sales from financing rebellious movements. The certification scheme aims to prevent “blood diamonds” from entering the mainstream rough diamond market. KPCS was set up to assure consumers that by purchasing diamonds they were not financing war and human rights abuses.